Some news from the US market for you;
One Inc, the leading digital payments network for the insurance industry, has announced that AAA Life Insurance Company (AAA Life) has selected its PremiumPay® solution to support the company’s digital payment processing capabilities. AAA Life will use PremiumPay as its primary platform for digital payment processing, offering policyholders a wider range of flexible, secure payment options while streamlining internal processing.
AAA Life’s decision to implement PremiumPay is part of an ongoing effort to enhance operational efficiency and improve the billing experience for policyholders. This investment supports AAA Life’s broader goals to reduce paper billing, expand digital service capabilities, and better meet the evolving needs of its customers. The adoption of PremiumPay will also allow AAA Life policyholders to make inbound premium payments through familiar platforms like Venmo and PayPal and other traditional direct payment models.
“Modernizing our digital payment process is one way we’re making it easier for policyholders to manage their coverage,” said Michael Vellat, Chief Operations Officer, AAA Life. “Integrating One Inc’s platform helps us streamline operations and scale to meet the needs of our growing customer base.”
“Efficient and seamless payment solutions are crucial for driving growth and improving the member experience,” said Ian Drysdale, Chief Executive Officer, One Inc. “We’re pleased to support AAA Life with PremiumPay as they continue enhancing their digital infrastructure and delivering a more convenient payment experience for their policyholders. Our goal is to provide flexible, future-ready solutions that align with the evolving needs of the insurance industry.”
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